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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

The demonstration trial will support the promotion of green e-methanol and green mobility in Europe as well as preparations for the safe introduction of e-methanol fuel in the EU. Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030.

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Ørsted acquiring 45% ownership of Liquid Wind FlagshipONE e-methanol project

Green Car Congress

Ørsted and Liquid Wind AB have reached an agreement under which Ørsted will acquire a 45% ownership share of Liquid Wind AB’s FlagshipONE e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to decarbonize the maritime sector, of which FlagshipONE will be the first. Earlier post.).

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Ørsted takes final investment decision on green hydrogen project H2RES

Green Car Congress

Ørsted has taken final investment decision on the Danish demonstration project H2RES, which will use offshore wind energy to produce renewable hydrogen. The facility will produce up to around 1,000 kg of renewable hydrogen daily, which will be used to fuel road transport in Greater Copenhagen and on Zealand. Earlier post.)

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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

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Ørsted assumes full ownership and takes final investment decision on FlagshipONE, largest green e-methanol project in Europe

Green Car Congress

FlagshipONE will be Ørsted’s first commercial-scale Power-to-X facility and is an important step towards Ørsted’s ambition of taking a leading position in renewable hydrogen and green fuels. Visualization of FlagshipONE.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

To boost the global production capacity of green methanol, A.P. To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Collaboration and investments in innovative projects are the most important ways to reach a net zero fuel value chain. European Energy (Denmark).

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